US: 'Fiscal Cliff' bill keeps Puerto Rico, USVI rum income in the pink

By Olly Wehring | 3 January 2013

Rum producers in Puerto Rico and the US Virgin Islands, such as Bacardi and Diageo, will see their spirits continue to benefit from the higher rebate rate of so-called 'cover over' tax in the US for another year.

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Rum producers in Puerto Rico and the US Virgin Islands, such as Bacardi and Diageo, will see their spirits continue to benefit from the higher rebate rate of so-called 'cover over' tax in the US for another year.

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